Philippine Association for Government Budget Administration (PAGBA), Inc.

1st Quarterly Seminar and Meeting

February 13-16, 2019
Crowne Plaza Manila Galleria
Ortigas Avenue, Quezon
City

DISPOSAL OF GOVERNMENT
PROPERTIES
PRESENTED BY:

LOURDES M. CASTILLO, CPA, PHD.

RETIRED ASSISTANT COMMISSIONER
PAGBA 2019 1 Quarter Seminar & Meeting
st
COMMISSION ON AUDIT 1
February 13-16, 2019
Crowne Plaza Hotel, Ortigas, Quezon City
 LEARNING OBJECTIVES
At the end of the session, the participants are
expected to:
 Know the basic concepts on the disposal of
unserviceable properties (except Real Estate,
Antiques and Works of Art);
 Acquire sufficient knowledge on the different
modes of disposal and the roles of officials/
accountable officials in the process; and
 Conduct review of the appraised values of the
properties being disposed of and the necessary
requirements to support the same.
PAGBA 2019 1st Quarter Seminar & Meeting 2
February 13-16, 2019
Crowne Plaza Hotel, Ortigas, Quezon City
 LEGAL BASES
 Section 79 of P.D. 1445: Audit Code of the
Philippines
Destruction of Unserviceable Property
 National Budget Circular No. 425 dated Jan.
20, 1992
Manual on the Disposal of Government
Property
 COA Circular 92-386 dated Oct. 20, 1992
Prescribing The Rules and Regulations on
Supply and Property Management in the Local
Government
disallowance of IUEEU 3

 COA Circular No. 2012-003 dated Oct. 29, 2012

 LEGAL BASES
 Executive Order No. 888 Series of 1983
Authorizing Heads of Ministries/Agencies
to Dispose of Their Respective
Unserviceable Equipment and
Disposable Property

 COA Memorandum Circular No. 2015-

007 dated Oct. 22, 2015
Prescribing the Government Accounting
Manual for Use of All National Government
Agencies
PAGBA 2019 1st Quarter Seminar & Meeting 4
February 13-16, 2019
Crowne Plaza Hotel, Ortigas, Quezon City
 DEFINITION OF TERMS
Property, Plant and Equipment (PPE) –
tangible assets that are:
• Purchased, constructed, developed or
otherwise acquired;
• Held for use in the production or supply of
goods or services or to produce program
outputs;
• For rental to others;
• For administrative purposes;
• Expected to be used during more than
one reporting period; and
Not intended for resale in the ordinary
• operations 5